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things that could rap right now is the house could vote and the president would sign into law legislation that would provide certainty for middle-class families. 98% of american families, and some 97% of small businesses. so it's time for the house to act. secondly, i think we have to take steps to make sure that we're creating jobs at a faster pace, as i mentioned before. i'm introducing legislation today to help middle-class families and -- middle noik families and to boost hiring. it would expand the payroll tax cut from last year for one year and give employers a tax credit for hiring. and i'll be talking about that legislation. now, the payroll cut that we -- tax cut that we put into place last year had a number of benefits. i won't go through all of those today but the joint economic committee, the committee of which i'm the chairman, just put out a report in the last 24 hours, it's a fact sheet that highlights some of the benefits of the payroll tax cut. mr. president, just for the record i would ask consent that the joint economic committee fact sheet on the payroll tax cut dated
is working to change the law. the law that lets cops and the feds read our e-mails. they can just read them if the messages are more than six months old. a change coming that could affect all privacy. i am still on air today because my staff didn't win the record $588 million powerball jackpot. the deal was, if they won, obviously they were thought coming to work and the stage manager was going to anchor and i was going to hang out on their boat. but, no, there are two winners, obviously we hate them. we will talk about them unless breaking news changes everything. this is "studio b." >> first from fox at 3:00, the united nations general assembly hold a historic vote any moment on recognizing an independent palestinian state. it is expected to pass overwhelmingly despite opposition from the united states and israel which are in a vast majority of the u.n.'s 193 members. this measure would "reaffirm the right of the palestinian people to self determination and to independence in their state of palestine, on the palestinian territory, occupied since 1967." here is a look at how the land was d
breathes life to challenge of the healthcare law. that is coming up. arizona governor jan brewer facing another lawsuit. we will tell you who is suing and why next. [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick me, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. so now's the time. when i take a pi
signed by president clinton, it defines marriage as for federal law purposes as only the legal union of one man and one woman. now, the practical effect of that is that in the nine states that now grant or soon will grant same-sex couples the legal right to get married, those couples are legally married under state law, but the federal government doesn't recognize their marriage, which means that they can't get survivors' benefits, they don't get tax benefits, they don't get social security benefits. about 1,000 benefits in all that are the result of this federal law that's being challenged by several cases. and that's why you say there are at least eight of them, all of which say that the federal law is unconstitutional discrimination. and the challengers also say there's never been another case where congress says, well, we're not going to recognize a marriage that the state defines as legal. so i think that's the most likely thing that will happen today. but one of the cases that the justices will be talking about is the challenge to california's proposition 8. that's the voter-ap
. and the hospital has pointed out that they probably broke the law, at least that's the advice the hospital's received. this is a few other things the chief executive said. >> technically i think this was a breach of patient confidentiality, which i regret. having said that, the information which was inadvertently revealed is already in the public domain. i think this whole thing is pretty deplorable. our nurses are caring, professional people not to cope with journalistic trickery of this sort. >> max foster reporting for us. you get the point what's going on. pranksters in australia, potentially could be in some trouble despite their apology. we'll continue to watch the story. we, of course, wish the duchess of cambridge only the best. >>> meanwhile, important new research that could impact people that take aspirin to reduce the risk of hard attacks and strokes. a common coating used on aspirin, stand by we'll give you details. for pain, it's just for sleep. because sleep is a beautiful thing. ♪ zzzquil, the non-habit forming sleep-aid from the makers of nyquil. well, having a ton of lo
of law in 1976. judge grimm was admitted to the maryland bar in 1977. he has strong roots, legal experience and community involvement in the state of maryland. judge grimm lives with his family in towson, maryland. judge grimm began his legal career after graduating law school back in maryland as a captain of the united states army judge advocate corps at aberdeen proving grounds in maryland. he worked at the pentagon before heading back to the baltimore region alternating working in private practice and working in the state's attorney general's office, while continuing to serve as an active duty u.s. army j.a.g. corps officer with occasional stints in the pentagon. in 1997, judge grimm was elected a magistrate judge by the judges of the u.s. district court for the district of maryland and in 2006 became the chief u.s. magistrate judge in baltimore. in 2009, chief justice john roberts appointed judge grimm to serve as a member of the advisory committee for the federal rules of civil procedure, and in 2010, he was designated as chair of the civil rules committee discovery subcommi
above the law. and how will the u.s. handle this? >>> plus, the chances of winning are ridiculously low. but millions of us are still lining up for a shot at a record powerball jackpot. >> lucky, lucky, lotto win. >> shepard: tonight a look at the actual odds of winning it all. but first from fox this tuesday night, three republican senators now say they cannot support the u.n. ambassador, susan rice, for secretary of state. at least until they get more answers about her comments about the attack on the u.s. consulate in benghazi. president obama has not yet even nominated her. but the white house says she is enormously qualified. senators john mccain, lindsey graham and kelly ayotte say they're even more troubled now after meeting with ambassador rice. the attack on libya on september 11 killed the u.s. ambassador, cries stevens and three other americans. five days later, ambassador rice went on the sunday talk shows and said u.s. officials believed it was a spontaneous reaction to protest over an anti-islam video. not a preplanned terrorist attack. first the controversy was over wheth
as a marketer she created mother-in-law's kimchi. using nonethnic packaging to appeal to a mass park and the product carried in whole foods and fresh markets. watch your business sunday morning at 7:30. [ telephones ringing ] at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. this holiday season, competitive lessees can get a 2013 malibu ls for around $199 per month. >>> on whether to give driver's licenses to illegal immigrants. later, clinton's opponent a certain senator from illinois also had trouble clarifying his position on the issue. >> do you support or oppose driver's licenses for illegal immigrants? >> i am not proposing that that's what we do. what i'm saying is that we can't be -- no, no, no. look, i have already said i support the notion that we have to deal with public safety and that driver's licenses at the state level can make that happen. >> all right. >> but what i also know, wolffe, if we keep on getting distracte
the judicial review. that ignited street credits there. >> we have to share everything on the table laws. for stable laws and separation of powers. the matters should be independent and will take tim time. >> they stress the faith of each constitution will be decided by the egyptian people. >> it will be up to them whether they need their standard. have a chance to make it clear. >> it's a question whether the move will be enough for the opposition. they have come out in force for seven nights. your will see likely protests in short-term on friday by those wanting to drive the president out of office. the size of the protest will give the first you indication of where they stand. >> thanks. united nations upgraded status on the world assembly to take a step toward recognition and ignoring u.s. opposition. eric shawn has that story tonight. >> in washington, bipartisan group of senators are threatening to cut funding if they use the status to punish israel. >> two states, one jewish and one arab. >> the jewish territory created israel. but for three palestinians palestinians rejected that
of references to islamic sharia law. in cairo, tens of thousands protested, denouncing president mohammed morsi. in an all-night session of parliament dominated by islamic. opposition groups say that the document has a clear view towards sharia law. raising fears of state enforced islamic moral code. the draft is expected to be delivered to president morsi tomorrow. new controversy today over a pension crisis running the state of illinois. and whether american taxpayers and all the other states may soon have to put their bill. according to the pew research center, illinois has the most underfunded public pension system in the entire country. the funding ratio of just 45%. 45% funded. estimated $95 billion short of where they need to be to pay out the promised pension. a problem that pat quinn says needs to be fixed to find a solution. it is harder to come by. here is a video that we just released. the governor squeezing the pension python. >> sometimes they make smaller payments than what they promise. the investments that we made with that pension fund, the great recession can hit us hard. plu
earlier to keep sharia law as the main sport of legislation there. how about the lucky folks who struck it really big? only two tickets matched the powerball tickets last night. the prize is $579.9 million with $379.8 million cash option which to me is like 380 million anyway. melissa: i had one number. lori: i am rich in great colleagues. employees of knight capital say an eerie silence have descended over the company with competing bid for the trading outfit. charlie gasparino with latest on the future of knight capital. >> if i won, guess it would not be making this call to break the news. no, i did not win. i do not gamble. here's the thing, what is kind of interesting is we have not yet gotten sort of a pressure release by virtue of what is offered. i have a lot of calls, it is owned by viola, former nymex ceo. that is kind of weird. another preservation's last night, another discussed terms, but you generally get a press release or official bid. we don't have that yet, so we are waiting on that. the other thing we should point out is tha getco's offer, how wl they get at $3.50? yo
shop owners attribute it to politics and mother nature. lawmakers might soon enact gun control laws. across the northeast residents want to protect thems following superstorm sandy. >> since the election you have had the perfect storm. you had hurricane sandy. you had re-election of barack obama. you have people realizing not only is it their second amendment right but they may be in a situation where they need a firearm to protect themselves. they're coming to the realization. it is just caused up tick and a spike. last friday on black friday it was through the roof. >> reporter: according to gallup 43% of women surveyed last year report owning a gun which is a new high. the nra is reporting that over the last four or five years there has been exponential increase in women participating in safety programs and licensing programs and hunting programs. women feel safer knowing how to use guns. i can tell you some of the gun shop manufacturers are starting to market more toward women. you see the pink series what i'm wearing here and the long rifles and some are for breast cancer aware
budget. the number one to me would be the consequences of the affordable care act. 2010 health law. very well intentioned. massive costs. we would have to discuss it again. social security and medicare are commitments we've made to our seniors over decades. senator gutierrez is exactly right. we've got $700 billion was shifted out of medicare -- >> you're willing to cut social security or not willing to cut social security? >> no. we have to have a rational approach to -- social security's primarily a little bit of an arithmetic issue. the age eligibility is going up. that's already in current law. we have to have a conversation about that. but it's got to be democrats, republicans together. i think politically it's very -- it's clever, but it's -- i don't think republicans are going to go along with well, gosh, mr. president, somehow you're asking us to make all the tough suggestions and choices about -- >> that comes with entitlement reform. >> secretary gutierrez is exactly right. this is for the president to lead on as well. he's entirely capable of doing it and i think he does need
-out of it. >> guaranteed up front measurable savings scored by sea enacted into law. the only guarantee is when congress enacts policies. >> you would be willing to go for specific things and guarantee that there would be a specific amount of cuts? >> of course, of course. >> but that's next year? >> no, that's not true. we're prepared to do up front alongside a deal that includes raising rates. we are prepared to do a meaningful amount of savings on the spending side. not just to avoid the damage of the sequester, but to help reduce the long-term deficits. >> you want them -- you want them to come forward for the cuts. >> in general we've laid out a detailed plan. we would be happy to look at an alternative plan, but they have to lay that out for us. both on the revenue and rates side. also on the spending side. that's just a reasonable way. we can't sit here and try to figure out what works for them. they have to tell us what works for them. let's go to what's at stake in this context. this is something we can do. i think we're going to get there. there's too much at stake not to get
of small amounts of drugs. in conflict, the federal law and international trading. i spent a lot of time in behavioral health care chronic addiction. crc health group, nothing's al association of drug courts. i basically think it's a bad idea to have increasing use of drugs, schedule one drugs, to include marijuana, in the workplace, in the home, in the schools. so i think we're on unchartered ground. it's hard to know where this is going. 14 years in a row, we have reducing rates offed a less tent drug use. the last three years have gone up. i think ten years from now, we're not going to like where we are. >> well, let's talk about one thing that is very obvious and benjamin, we've reported a lot on this. and that's drug violence in mexico. and you point out that nearly 60,000 people in six years have been killed in the drug wars in mexico and elsewhere. and disturbing employee thought you talk at the end of your article about the mexican mafia is operating in northern california. are there serious indications that they are and what are the chances we'll see more drug violence here in t
the health care law. open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>. >> gregg: the u.s. army private accused of sending private documents to wikileaks appearing in a courtroom, focusing on bradley manning's pretrial confinement and defense team is conditions over that period were so punishing the case against him should be entirely dismissed. joining us now bob massi and lis wiehl. let me start with you. manning doesn't like to be locked up and cried one day. i'll quote, when the guards seem angry and made me nervous. so lis, on that basis he should be let go? >> no, absolutely not. >> gregg: if that was a legal standard, all prison cells would be empty? >> now he is complaining to his lawyers action that was done to him after he committed the crime. he allegedly committed this huge crime. all these leaks. now he is saying, gee, feel sorry for me. maybe at sentencing but nothing do with the charges at all. >> gregg: here is what he said at his hearing sitting in his cell right after he was arrested. this is the principle parted. i rem
by president mohammad morsi. assembly voted earlier to keep the principles of sharia law as a main source of legislation. back-to-back bombings killing 39 in two major cities south of baghdad. more than 100 others were injured. the attacks targeting or shiite muslims, the deadliest attack coming in the city of hello where police estimate 27 have died after staggered car bomb blasts. the director of the international atomic energy agency is now saying no concrete results have been achieved in trying to clarify iran's nuclear ambitions despite his agency's best efforts. the u.s. and other western nations pressuring iran to halt production of uranium, they plan to build a nuclear warhead. those are your headlines. back in an hour. back to dagen mcdowell. dagen: more breaking news for you. you know one of the two winning power ball ticket was sold in the state of missouri. where exactly? we just found out. data tracks mark which is a convenience store chain near kansas city. the winner will share the record $580 million prize, the second winning ticket sold in arizona. we are still waiting to
with current law. up until that point. and this problem has compounded. we are seeing similarities with benghazi, and we hope that whoever served as secretary of state in our next congress will make security a top priority. and we hope that finally, families, diplomatic families will once again hopefully the first time really ever, receive a support that they need and the attention they so very much deserve. this is far above politics for us. as families we lost a great deal. diplomatic families make huge sacrifices and they serve with our military abroad, all over the world, hand-in-hand. what has become' increasingly more dangerous environment. >> sean: we have these two instances and so many similarities. first of all, all these requests for security were denied beforehand. then you have an account ability report, another government study, you are saying that if it were followed and we learned the lessons where you lost these two people in your life, perhaps the people in benghazi wouldn't have had to go through this. is that fair or am i overstating it? >> i think it is absolut
and if it is done, it it is a bad d. >>guest: i am worried. the so-called fiscal cliff was put in law because it was stuff that would be so unacceptable congress would never let it happen, enormous tax increases, grotesque cuts in spending but here we, it is in the law. congress does nothing which congress is good at doing and go over the cliff and some want to see that happen because then the crisis will generate the kind of bipartisan agreement we need but that is irresponsible. >>neil: it is looking more likely. then who picks up the pieces? >>guest: the country suffers. i don't think anyone gains politically. you know that almost everyone here in both parties will tell you if you talk to them privately, this ends with entitlement reform. not cutting programs like medicare but slowing down the growth in the programs because they are the big drivers of the deficit and raising more out of the revenue, out of the tax system. whether you call iterates or reform over whatever you call it, and each those touches the third rail of the parties, we have to get together and say, basically, we have t
the wall and his face lift up. >> she also worked in law enforcement and she would understand what the benefit is to all of our community to have these police officers. we'll talk to that new york police officer larry deprimo. this is coming up at 8:50 today on the show. >> brian: he's always done good things like that. straight ahead. one of the most popular drugs on the market. it could contain glass. >> steve: that's never good. remember the keen from thelma and louise. our next guest is saying democrats want to take us over the cliff. he's naming names on "fox and friends". yahoo. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. it's my favorite time of year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay.
news is there's a second option. right now congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means 98% of americans, 97% of small businesses wouldn't see their income taxes go up by a single dime. right? because 98% of americans make $250,000 a year or less. 97% of small businesses make $250,000 a year or less. if youay mix taxes don't go up for any income above $250,000, the vast majority of americans, they don't see a tax hike. here's the thing. even the top 2%, even folks who make more than $250 on,000, they would still keep their tax cut on the first $250,000 of income. they would still be better off for them too for us to go ahead and get that done. families would have a sense of security going into the new year. companies like this one would know what to xwp in terms of planning for next year and the year after. that means people's jobs would be secure. the sooner congress gets this done, the sooner our economy will get a boost. it would then give us in washington more time to work together on that long-range
to pursue any and all available options to us. and the international law -- with the national diplomacy. and this was one of them. the question for me all along was how best to do it. provide us with some leverage going forward because what we really want end of day is genuine state where our people can live as free people with dignity. >> at the end we were just talking in the break, does this end up helping or hurting your relationship with the united states, your pursuit of something even more tangible? >> i think it depends a lot on what is done to deal with it. and whether or not we're going to spend all time in the world talking about whether or not we should have gone in the first place as opposed to really moving on. and i think that's really key. the day after, we are on the day after now. there's a conflict yet to be resolved. there's a quest for freedom and justice on part of our people. that's yet to be fulfilled. and without which there's not going to be sustainable peace in the region. that's very important. >> the reaction in a lot of ways was visceral. and i want to show
. already publicly crying foul. the white house says the president has already signed into law one trillion dollars in tax cut last year. they're willing to compromise more, but rig now, both sides seem more dug in than before. >> a day that was pretty grim on that front. thanks very much and that 1.6 trillion, everyone, surprising republicans and a crucial number especially when contrasted with the 4 billion this entitlement cuts. i want to tell you the republican response as jessica indicated. they didn't want anything to do with geithner's plan. yesterday, john boehner moved the markets higher. it was joyful talk about a possible deal, but today, it was like a break-up over tax. he went from love to disgust. here he is right after tim geithner put that deal on the table. >> no progress has been made in the talks between the white house and the house over the last two weeks. >> all right. that's pretty grim. stocks lost early games on that news and the day went downhill. harry reid slapped back. >> still waiting for a serious offer from the republicans. >> so, they agree on something. no
benefits you get after the health care law. open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. so now's the time. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> as we mentioned at the top of the hour, the president is on twitter right now answering questions from the american people about the fiscal cliff. it's part of the white house push to build support. the president has answered a few questions so far. let's get backe to kristen welker. she's monitoring the exchanges. what have we learned, kristen? >> reporter: good afternoon. most exchanges have to do with questions concerning increasing taxes on wealthier americans as we
. there is no palestinian state. there is nothing that meets the custnary international law definition. the palestinian authority violated the oslo accord trying to change the status of the west bank and gaza through a means other than negotiation. i have to say it was a vote that could have been won by the united states and israel. but that, leave it for another day. i think israel is responding appropriately. i think that the initial israeli reaction sort of shuts the whole thing off was a mistake. this is a serious problem. and i think they are well within their legitimate rights to take the steps they take. >> eric: you said something fascinating, you think the vote could have been won. it was overwhelming. 138-4. nine against, 41 abstentions. how do you think, ambassador, israel and the u.s. and israel's allies could potentially have won this? >> guest: the same way that the george h.w. bush administration defeated very similar efforts by what was then the palestine liberation organization in 1989-1990 to enhance the status in the u.n. at that time, secretary of state jim baker said flatly and une
to existing united states law, and the issue is as bipartisan as they come. here's what one senator said about the treaty, and this is a quote. protecting the rights of persons with disabilities, any person is not a political issue. it is a human issue you regardless of where in the world a disabled person descrierves to live a normal, independent life, where basic rights and accessibilities are available. disability rights and protections have always been a bipartisan issue and ratifying this issue should be no different." madam president, this wasn't some ultra liberal speaking. it was senator john mccain, a disabled veteran, a hero from the vietnam conflict, who broke with extremists and tea partiers and voted to ratify the treaty. the convention also has the strong support from a number of other leading republicans, including george h.w. bush, the first president bush, who by the way of course was a world war ii veteran, did heroic things during that war. and it also has the support of former senate majority leader bob dole, certainly a patriot. senator dole, a disabled veteran from world
in this country, it would be a crime and a violation of our antitrust laws. so the prescription that the energy security leadership council came up with several years ago, which was very impactful in the energy security -- independence and security act of 2007, was it? 2008? was based on our report in 2007, which said that the united states should maximize its oil and gas production, that it should significantly reduce consumption and improve conservation, which led to the direct support of the eslc for the -- from the eslc for the re-substitution of fuel efficiency standards, which had not been done for 20 years and third, to develop to the extent that it was economically viable, a biofuel substitute for petroleum. this new report that we're releasing today continues these themes with a couple of important caveats. the most important is the fantastic technical revolution that has taken place since our original report and our intermediate reports until this one today by the so-called fracking revolution for oil and gas. and at the same time the significant improvement in national efficiency tha
and mother nature, fears that lawmakers might soon enact tougher gun control laws. and across the northeast, residents wanting to protect themselves following superstorm sandy. >> since the election you've had the perfect storm. you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high. the nra reports that over the last four o or five years there's been an exponential increase in women participating in safety classes, licensing programs and women-only hunting programs. some women feel safer just knowing how to use guns. >> i felt like if we were going to have guns in the home, that i should know how the handle them, know if it's loaded, you know? i mean, there's g
you get after the health care law. open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. ♪ >>> you heard the commercials as seen on tv. all kind of products promising to do miraculous things but do they work if you want to know for sure, you go to experts, you go to the moms. >> let's send it out to becky worley who does our mom tester pieces. becky, good morning to you. >> good morning. do you dare? do you dare give the gift of an infomercial. if you do, you probably should do your home work. that's where our team of mom testers comes in. this holiday season, get the mom the gift that you know she'll love. the gift of -- mom testers. >> are you ready? >> three new moms. all "good morning america" viewers. >> thank you for watching. >> and three new as seen on tv products that promise -- >> to make our days merry and bright. >> amazing. >> reporter: will these gifts find a place under the christmas tree or get dumped out with the cold? lets meet our moms. from south orange, new jersey, julia haubner smith, mom of three girls. and cin
the health care law. open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. can we talk about toilet paper? when it comes to toilet paper, there's no such thing as too soft. as long as it still gets the job done. i know what i like. i like feeling both clean and pampered. why should i compromise? not only is quilted northern ultra plush® the only bath tissue with plush-quilts®... it has the innerlux layer. three levels of softness and the gentle clean you want. clean comes first. and really soft is really important. quilted northern ultra plush®. for a comfortable, confident clean, or your money back. ♪ >>> you heard the commercials as seen on tv. all kind of products promising to do miraculous things, but do they work? if you want to know for sure, you go to the experts, you go to the moms. >> let's send it out to becky worley who does our mom tester pieces. becky, good morning to you. >> good morning. do you dare? do you dare give the gift of an infomercial? well, if you do, you probably should do your homework. that's where our ever-popu
into law i would be happy to. >> we are trying to get those, but we haven't yet. charitable deductions? you are a wig charity guy. >> listen, the president has seen a lot of the options from us. a lot of them are put on the table and i'm hopeful the conversations will continue. >> okay. but let's talk about your proposals because the president, and i'm sure this has driven you nuts, like to say the math tends not to work. let's look at your math. the white house says a realistic cap, and i'll explain what that means, of $25,000 on people making more than $250,000, a cap on their deductions, you can only take $25,000 in itemized deductions and exempting things like charitable deductions which is pretty unlikely you will do away with that, would only bring in $450 billion. not the $800 billion you are talking about, not the trillion dollars. $450 trillion. they say the math tends not to work. >> the white house knows that the math will work. to put the kind of revenue on the table that we've been talking about. it won't work if we are trying to get to $1.6 trillion. i'll guarantee you that. b
of 2011, into law and supported by republicans. and the way that works is the president would have the obligation periodically to request an increase in the debt limit, and congress would have the chance then to express its views on the merits of that proposal by disapproving that, and then the president would have to decide if a bill came to his desk about whether to veto or sign it. and the virtue of that mechanism proposed by senator mcconnell, a man of impeccable conservative credentials, is to make sure that the country is not left at risk of pure default. it's a very good idea. it's a republican idea. and we're suggesting they extend it. >> let me come back to the idea of, what is the pain point for democrats here? what is the pain that democrats are going to have to be willing to live with to get the kind of deal that you're driving with republicans on taxes when it comes to both spending cuts, particularly spending cuts to programs like medicare? >> well, i think that it's true that both sides are going to have to do things that are difficult for them, uncomfortable for the
you. so i felt more secure crossing the border into a country that had laws that were backed by the justice system. >> bizarre story. the whole thing with him. who was that last guy? the guy that had the dungeon built in his house? >> yeah, the guy in california, he was a software guy too. >> crazy. money goes to -- i don't know what happened to this guy. but his neighbors did. he had nothing to do with -- >> he had been blogging about -- >> bath salts or something? not to soak his feet in. >> no, bath salts were like a great experimental drug he'd been experimenting with. >> wait a second -- hopefully you don't turn into a cannibal. you draw the line right before you start eating someone. >> hopefully. >>> still to come, rising above the fiscal cliff, steny hoyer is going to be our guest. plus -- and steny, i was reading his stuff. he sounds -- he's rising above a little bit. he didn't sound quite as -- jobs in focus. private payroll data from adp. this was my choice too. kenny chesney. it's a jobs friday preview. >>> and mark zandi of moody's joins us. we'll explain why he'
concussion history was his exact quote. the medical staff there, because of the hipaa laws have not spoken publicly. he is not listed having missed any games due to any concussions. these reports circulating out there about these other things, drinking and addictions, they come, you know, from friends of friends and so on so forth. so i don't put a whole lot of credibility into that because we're not hearing from any people directly involved in his life that was the case. so i would caution everybody at this time not to jump into that direction until we have all the information and there's an investigation and we know exactly what was going on with him. martha: yeah. >> as far as as concussions playing football it is an issue but there was no indication he was sufficienting from that at this time. martha: you think of the stories that could be similar. as you point out we don't know yet whether they are. junior seau and dave duerson do you think it is an issue, it is a problem in the game? >> well, there's a lawsuit of several thousand players that is taking place now between the national
in an >> not to mention a lot of law firms and things that were down here as well, had a lot of documents, old documents that were downstairs. >> we're still really figuring out what the impact of sandy was. >> a terrific article about stockton today, housing shortages happening in very strange areas, that was in bloomberg.com. the claims are still okay. they're not terrible. gdp was not bad. that's why again, if you settle the fiscal cliff, right now there's a combination of trying to pick up the pieces, which turn out to be harder and a sense of, well, wait a second, if you're a big company, why hire now if i'm going to have to fire later because of the cliff. >> in the premarket session, shares of tiffany taking a hit. the luxury goods taking a hit at 49 cents a share. also lowing it's full year forecast, with smaller than expected profit margins, it's a bad product mix in terms of higher priced items with lower margins. all of those things hitting them this morning. >> i really want to know, we have got two companies today that i regard as being poor exporters. tiffany and kohl's. retail retailers,
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